I. Key Focus Points:
Pure Benzene: Instability in the Middle East continues, compounded by hurricanes causing shutdowns at some U.S. offshore oil wells. ICE Brent crude futures (December contract) rose to $104.28/barrel, an increase of $4.08/barrel or +4.07% week-over-week. Yesterday's decline in port inventories and reports of production cuts by certain manufacturers drove significant gains in both futures prices and spot markets. Prices are expected to continue oscillating at high levels today; attention should be paid to adjustments in major producers' pricing.
II. Price Table
| Region | Oct 9 | Oct 8 | Change |
|---|---|---|---|
| East China | 15,320 | 15,020 | +300 |
| Shandong | 15,100 | 14,800 | +300 |
| Notes: | |||
| 1. The RMB price for East China is the ex-factory acceptance bill tax-inclusive price; the RMB price for Shandong is the ex-factory cash payment price. | |||
| 2. The prices listed are point-in-time values from the two preceding weeks, not weekly averages. | |||
| 3. The change value represents the week-over-week variation. |
III. Data Table
| Aniline Industry Supply & Demand Data | ||||
|---|---|---|---|---|
| Data Type | Sep 24, 2026 | Sep 17, 2026 | Rate of Change | Next Week Outlook |
| Capacity Utilization Rate | 84.72% | 84.48% | +0.24% | ↑ |
| Production Profit Margin | 21.63% | 20.94% | +0.69% | ↑ |
| Output | 8.66 | 8.63 | +0.03 | ↑ |
| 1. Capacity utilization rate reflects the ratio of actual output to installed capacity, serving as a production indicator. | ||||
| 2. Production profit margin is industry-level data reflecting the overall profitability across mainstream regions, calculated as the ratio of industry profit to average price. | ||||
| 3. Output refers to the domestic aniline industry's weekly production capacity, unit: 10,000 tons. |
IV. Market Outlook
Following the return from the holiday, the raw material pure benzene strengthened significantly. Market sentiment and expectations have simultaneously turned bullish. After aniline profit margins were noticeably compressed, factories actively raised prices to restore profitability.
Comments
0